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UK Bans ‘Time to Buy’ Bitcoin Ads on Buses and Underground for Being Misleading
26.5.2021
The British Advertising Standards Authority (ASA) has banned a bitcoin ad campaign put up across the London Underground network and on London buses by cryptocurrency exchange Luno. The UK advertising regulator says the ads are misleading and irresponsible. ‘Time to Buy Bitcoin’...
US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’
26.5.2021
U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull...
Bitcoin price volatility hits 2021 high as one analyst paints $15,000 target
26.5.2021
Wild price fluctuations are likely in the top two cryptocurrencies as both record a dramatic spike in their 30-day realized volatility charts
Polygon’s Bridge for UFT Token by Unilend Is Now Live
26.5.2021
Polygon is proving to be a major player, showcasing its prominence even with the downward spiral of cryptocurrencies. Recently, the news of UniLend joining the network surfaced, and now UniLend is also holding a bridge on Polygon. The bridge will help facilitate a quick and seamless launch...
Lewis Neal Joins the Fueled by Verge
26.5.2021
The leading American Football player from North Carolina, Lewis Neal, has announced his deal with Fueled by Verge. Lewis had played for the Dallas Cowboys in the NFL, and for the 2021 season, he joined the CFL Lions. According to Lewis, joining the Verge Family was a no-brainer. He was following...
Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies
26.5.2021
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. While acknowledging his country’s position as one of the leading crypto...
Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan
26.5.2021
Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be implemented in partnership with two local companies that will also provide the enterprise with an array of services. The total amount of the investment will exceed...
Amid rising stablecoin inflow, cautious traders fear a dead cat bounce
26.5.2021
Strong hands accumulated Bitcoin throughout last week’s historic correction but BTC’s inability to reclaim the $40,000 level has some traders afraid of a dead cat bounce
Korea’s crypto market is among the strongest — and the strangest — in the world
25.5.2021
Between strict capital controls and regulations, Korea’s cryptocurrency industry is so closed off that Bitcoin commands a steep premium and DeFi is in its infancy
Why Cryptocurrency Makes Strong Comeback and How To Earn More Bitcoin
25.5.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
After the bloodbath last week, the crypto market is having a strong rebound, showing hope to resume its rally. Bitcoin recovered from its low of 30,000 USD to test the resistance of 40,000 USD. Ether...
Bitcoin price must now hold this key level to regain $40K
25.5.2021
Will $37,000 hold for more upside in the near term for Bitcoin?
Cryptocurrency custody gives commercial banks a foothold in the market
25.5.2021
The crypto custody business blossomed in 2019, spearheaded by fintech firms, but now its center of gravity might be shifting
Uganda’s Financial Intelligence Authority Wants Government to Formulate a Crypto Regulatory Framework
25.5.2021
Uganda’s Financial Intelligence Authority (FIA) says it wants the country’s Finance Ministry to help formulate a regulatory framework for crypto service providers. According to the FIA, this call for the government’s intervention has prompted by the Ugandan crypto industry’s...
RemiBit: The One-Stop Crypto Solution for Merchants Is Available Now
25.5.2021
The payment industry has gone through a revolution in the last few years. Among its most evident examples are international commerce and remote work. Blockchain and cryptocurrency have transformed online transactions by ensuring true ownership, security, speed, accessibility, and inclusivity....
Bware Labs Closes Pvt Invest Round With 5X Oversubscription
25.5.2021
The blockchain sector is achieving mass success globally, all thanks to projects like Bware Labs. Bware Labs recently closed its private investment round, where the platform received over 5 times more subscriptions than intended. Its private sales amounted to a whopping 1.2 million dollars...
Bank of Korea Seeking Technology to Develop Digital Currency
25.5.2021
South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic...
SafeSun – New Green CryptoCurrency Dedicated to Reducing CO2 Emissions
25.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
SafeSun is a new token in DeFi, launched only a month ago, with real-world developments backing its young yet explosive growth.
These developments and future plans are laid out on the roadmap on their website...
USDC Attestations Run Late, Raising Alarms in the Crypto Community
25.5.2021
USDC, the second most popular stablecoin in the cryptocurrency market, is late in releasing its attestations, which are documents that certify the number of dollars the custodian Centre holds in banks. The last attestation available for the currency dates back to February when the currency had...
Nobel Prize-Winning Economist Robert Shiller Mulls Over Getting Active in the Bitcoin Market
25.5.2021
Nobel laureate and professor at Yale University, Robert Shiller, is tempted by the crypto market. He is mulling over investing in cryptocurrency to experience the market. “I never bought bitcoin. Maybe I should be active in that market,” he said. Yale Professor and Nobel Prize Winner...
Ray Dalio Buys Bitcoin Despite Saying Governments May Ban Cryptocurrencies
25.5.2021
Bridgewater Associates founder Ray Dalio has revealed that he owns bitcoin despite concerns he has long voiced about governments interfering and even outlawing cryptocurrencies. The boss of the world’s largest hedge fund said “bitcoin’s greatest risk is its success.”...